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stocksniper31

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  • General Dynamics (GD) wins a $900M contract with the U.S. Air Force to supply its worldwide military broadcasting network with new hardware. Shares flat AH.  [View news story]
    Yeah!! lets waste some more money...1 trillion 900 more now and counting...sweet...
    Aug 22, 2011. 06:53 PM | 1 Like Like |Link to Comment
  • The stock market seems to be pricing in not just a recession but "many years of no earnings growth... an unlikely scenario," Abby Joseph Cohen says. She cites potential catalysts to spark stocks higher, including improving retail sales, some job creation and the strength of U.S. companies. The long-term view is "not quite as frightening as the minute-to-minute analysis."  [View news story]
    Someone shut this old hag up...Enough Enough about your Goldman BS...stop! You have never been negative on the market during your overpaid overrated career..That's what is wrong with this country when a average person like her makes 5-10 million spreading her BS for Goldman Snakes. Scary the system is broken hit the reset button.
    Aug 19, 2011. 06:32 PM | 6 Likes Like |Link to Comment
  • Sen. Charles Grassley hears from the SEC whistleblower and accuses the agency of destroying documents related to "at least 9,000 informal investigations" involving major banks and hedge funds. Grassley has been in hot pursuit of SAC Capital, and if the SEC willingly destroyed docs exposing SAC criminality, Zero Hedge says it's "goodbye, Mary Schapiro."  [View news story]
    Sums it up!! www.huffingtonpost.com...

    The lines are blurred...same in Congress and Senate...everyone wants the big pay checks from the private sector and they are willing to sell out America for it. Case closed.
    Aug 17, 2011. 07:57 PM | 2 Likes Like |Link to Comment
  • Wall Street sees a healthy 16% gain in the S&P 500 from today's close of 1194, according to a recent Bloomberg survey of major strategists. Deutsche sits on the top end of the range with a 30% prediction, while Bank of Montreal is the bear in the group (so to speak) with a 2% bet after marking down its initial PT.  [View news story]
    These jokers don't have a clue they are simply catering to their mutual fund clients who pay them millions to put out this garbage. ...Have they predicted the market could actually go down?...probably not...head in the sand..for every one good call there are 3 bad ones. Sellside research is such a fing joke...
    Aug 17, 2011. 07:09 PM | Likes Like |Link to Comment
  • FOMC Statement: A Prudent No Decision [View article]
    Stagflation here we come..mortgage rates could be at zero and the housing market would not recover people don't have capital for down payments and speculators are back in the market. All this does is create mini bubbles..
    Aug 9, 2011. 04:41 PM | Likes Like |Link to Comment
  • Markets turn around again, sharply higher as the Fed decision looks to open the door to QE3. Goldman notes the committee discussing "the range of policy tools necessary to promote a stronger economic recovery," and that it "is prepared to employ these tools as appropriate."  [View news story]
    We were do for a bounce but nothing has changed market expected the FED to act today. All short covering.... Europe is still a major problem and France will be downgraded at some point. Sell the rally into the weekend or sooner. QE3 will fail just like 1 and 2...sorry folks
    Aug 9, 2011. 03:59 PM | 3 Likes Like |Link to Comment
  • Think rising interest rates are bad for housing prices? A check of the data going back more than 100 years finds no such correlation. One reason: rising rates often occur during good economic times. Another: folks with cheap mortgages become less willing to sell, thus dampening supply.  [View news story]
    tell that to greece...you can have rising rates in an awful economy
    Jul 6, 2011. 07:13 PM | Likes Like |Link to Comment
  • Perky financial assets aren't helping Greenwich housing, where Wall Street bonus reform - deferred stock instead of cash - "has totally hammered" the over $10M market. "If you get $20 million - $3 million in cash and $17M (deferred) - are you going to borrow another $2 million to buy a house? I don’t think so," says an agent.  [View news story]
    poor them...wall street needs a big wake up call...20 milion-3 million...most wouldn't be around if it was not for all the bail out money. What a joke
    May 24, 2011. 01:16 PM | 2 Likes Like |Link to Comment
  • FOMC minutes from the April 26-27 meeting show a clear division on when to begin tightening monetary policy, with some officials saying that an exit might come sooner than expected while others were concerned early rate hikes would stifle any recovery. Some said they would only support QE3 if there was a significant change in the economic outlook.  [View news story]
    These guys have to be kidding me...QE1, QE2, has done only one thing created a false perception to what is really happening. Inflated asset prices across with board with the hope people will start spending again, only problem is its created inflation. Keep kicking the can...Greece has to restructure its debt along with some of the other pigs. High rates matter at some point in time and the market is telling you the only way out is to restructure.
    May 18, 2011. 02:24 PM | 2 Likes Like |Link to Comment
  • In a letter to the CFTC, a group of 17 Senators demand a crack down on speculation in the energy markets. "The wild fluctuation could only be the result of rampant oil speculation, plain and simple," says Ron Wyden. It's unknown if a copy of the letter was sent to the Fed whose near 0% rates let speculative positions be financed for next to nothing.
     [View news story]
    Why don't they call Big ben...I am sure he has had nothing to do with these spikes in assets classes. LOL what a joke...these politicians are such a joke clueless wastes of space.
    May 11, 2011. 03:42 PM | 4 Likes Like |Link to Comment
  • Bernanke has gotten a lot of grief for his confidence that any recent inflation is "transitory." (I, II, III) But after this week's commodities rout and the latest jobs data showing no wage pressures at all, ol' Ben's starting to look pretty good, isn't he?  [View news story]
    If the economy is in better shape why the need for QE 1,2 and lower interest rates. Why the need to buy 90% of the gov auctions. There is no doubt that QE has created inflation in many asset classes commodities etc. S&P was trading 1050 when Big Ben gave his speech Aug of last year. three weeks later market took off along with gold, silver etc. So the question that needs to be asked is there organic growth in the economy taking place that is causing these moves or is it the sheer factor of QE. There is no doubt the economy is adding jobs but not at the rate needed to put major dent in the unemployment picture. U6 number is still above 15%. Gas prices matter plain ans simple... it impacts the consumer. The only reason CPI has not moved much is because it is so weighted against real estate prices. And as we all know prices continue to fall.

    Tough to argue that asset classes are moving on strong fundamentals. QE by the Fed has just inflated things so that people "feel" better in the short-term.
    May 7, 2011. 06:14 PM | 4 Likes Like |Link to Comment
  • Traders are wary of reading too much into "demand destruction" replacing geopolitical risk as the driver behind oil prices on a day when the ECB surprised the markets and sparked a dollar rally. But PFG Best's Phil Flynn says evidence mounts (I, II, III) that "high energy prices are beginning to hurt," and asks, "Is the U.S. economy going back into a pre-QE2 malaise?"  [View news story]
    QE1, QE2, has done only one thing driven asset prices up across the board and created inflation. You can't force growth you need a reason for growth... a catalyst. I think of after WW2 and the expansion of the internet, these are major events that created the drive and sparked the growth. We just don't have that.
    You can't do QE without creating another problem (ie. higher metal and oil prices). The 1.5 trillion has done nothing but allow people to speculate on asset prices ( ie. silver) instead of creating growth. The money is going into the wrong hands. Look what happened to silver when they changed the margin requirements POP!.

    Sometimes markets need to find their own way and throwing billions of QE is not the answer in the end it will only make the issue worse
    May 5, 2011. 08:53 PM | 4 Likes Like |Link to Comment
  • The U.S. will hit the debt ceiling May 16, with Aug. 2 marking the ultimate deadline, and emergency measures to avoid a crisis begin this week, Geithner says in a letter to Congress: "Any attempt by either party to use the full faith and credit of the United States as a bargaining chip to advance partisan policy agendas would be irresponsible."  [View news story]
    What is responsible Tim is the inflation caused by QE and destruction of the dollar. So much for your strong dollar policy you fing dope.
    May 2, 2011. 03:37 PM | 3 Likes Like |Link to Comment
  • Apr. Philly Fed Business Outlook: 18.5 vs. 33 expected and 43.4 prior. New orders 18.8 vs. 40.3 prior. Shipments 29.1 vs. 34.9 prior. Unfilled orders 12.9 vs. 14.9 prior.  [View news story]
    Nothing to worry about the FED will continue to dump billions into the market...data doesn't matter buy everything the FED has your back...the economy is roaring and nothing has "changed"
    Apr 21, 2011. 10:10 AM | 3 Likes Like |Link to Comment
  • Lloyd Blankfein insisted before Congress last year that Goldman Sachs (GS) "didn’t have a massive short against the housing market." But whether it was lucky or good, the bank made $500M from that short. For Goldman to suggest otherwise - as it has  - is "almost silly," Andrew Ross Sorkin writes. "Goldman should be proud of its prescient call about housing."  [View news story]
    The issue at hand is not that they made money on shorting the CDO's but that they were allowing certain customers to pick the mortgages that went into them without disclosing this to the buyer. Also their relationships/influence with the rating agency is another major problem...the investment banks paid fees to moody's etc. and pressured them to stamp the CDO's triple A...that is the side of the case that people need to focus on. Did they know it wasn't AAA and still sold it to clients for themselves and the hedge funds that picked the mortgages
    Apr 19, 2011. 06:01 PM | 2 Likes Like |Link to Comment
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